How to choose the right monthly contract for you

A lot of people can’t afford to buy smartphones outright, so when they want a new phone, they opt for a pay monthly contract instead. But with so many different contract types available, how do you know which one to choose? In this article, we look at how to find a contract that works best for your needs and the things you should consider.

How much you want to spend

Providers such as EE, O2 and Vodaphone offer contracts at a wide range of price points, promising an option for every budget. However, when deciding how much to spend on your phone contract, you need to consider what is most important to you. Of course, newer smartphone models will naturally cost more, as will those offering more minutes and higher data allowances, which leads nicely to our next point.

How many minutes and data you need

All phone contracts vary in the amount of data and minutes that they provide. If you are a business person who uses your phone a lot for work calls, then you may want a plan offering unlimited minutes. Alternatively, if you spend a lot of your free time on TikTok and other social media sites, a contract with a larger data allowance could be the better option to prevent you from facing extortionate bills.

The length of your contract

Most phone contracts last for 24 or 36 months but can be extended if you’re happy with the service. If you know that you’ll probably want to change your phone after a couple of years, then make sure to check how many months the contract is offering before signing up. 2 or 3 years is a long time, and if you want to exit early, there will likely be a charge.

It’s worth noting that if you choose to cancel your contract before the end of the term, this could affect your credit rating and make it more difficult for you to get a new phone plan in the future. As such, it’s really important that you find a contract with a duration you are comfortable with.

Try Foned

If you’re looking for a monthly contract for your phone, check out Foned – we offer a range of great budget options.